loader from loading.io

Are we eroding online attention? with Juan Mendoza

Funnel Reboot podcast

Release Date: 04/17/2024

The Smart Advertising Book, with Dan White show art The Smart Advertising Book, with Dan White

Funnel Reboot podcast

Episode 207 Those of you who know me outside of this podcast, know that if I’m doing anything that involves advertising, whether it be in a classroom or a consulting setting, I think of ads as a complicated puzzle that is never fully solved. While it may not have a predictable outcome, there are a few key principles about it that are always true. I’ve picked up these lessons one at a time, either by studying competitors or through the brands that entrusted me to run their ads—sometimes through painful trial and error. The models and principles that emerge from this process become a...

info_outline
Causal Artificial Intelligence, with John Thompson show art Causal Artificial Intelligence, with John Thompson

Funnel Reboot podcast

Episode 206 There’s no denying that ChatGPT and other GenerativeAI’s do  amazing things. Extrapolating how far they’ve come in 3 years, many can get carried away with thinking GenerativeAI will lead to machines reaching General and even Super Intelligence. We’re impressed by how clever they sound, and we’re tempted to believe that they’ll chew through problems just like the most expert humans do.  But according to many AI experts, this isn’t what’s going to happen.   The difference between what GenerativeAI can do and what humans can do is actually quite...

info_outline
Marketing more efficiently with AI, with Rich Brooks show art Marketing more efficiently with AI, with Rich Brooks

Funnel Reboot podcast

Episode 205    Rich Brooks is founder and president of flyte new media, a digital agency in Portland, Maine.  He founded The Agents of Change a weekly podcast that has over 550 episodes. He is a nationally recognized speaker on using digital channels like search, social media and mobile for marketing to your audience. Rich also hosts the Agents of Change conference which takes place October 9th and 10th both virtually and in his hometown of Portland, Maine.   Timestamps/Chapters 0:00:00 Intro 00:02:49 welcome Rich 00:08:56 using GPT to make text seo-friendly 00:17:32...

info_outline
Present Beyond Measure, with Lea Pica show art Present Beyond Measure, with Lea Pica

Funnel Reboot podcast

Episode 204 Eyes are important. Each of us puts heavy weight on our vision when forming a mental model of the world around us.Seeing is believing. This is so important in business, almost every time people meet, some visual tool guides the discussion - this practically essential object is a presentation, specifically a data presentation. But knowing what we know about our visual senses, creating something that’s tuned for people’s minds…as well as their hearts, takes combining neuroscience, storytelling, emotion, persuasion, design and effective communication.  That’s a lot to...

info_outline
Greenlighting your marketing strategy with a winning deck, with Shea Cole show art Greenlighting your marketing strategy with a winning deck, with Shea Cole

Funnel Reboot podcast

Episode 203:  How many words does a message need to be for it to be useful? Would you believe under 35 words, or under 160 characters? Here are some examples: Abraham Lincoln's Gettysburg address: “We cannot dedicate. We cannot consecrate we cannot hallow this ground. The world will little note nor long. Remember what we say here, but it can never forget what they did here.”  Suffragette leader Emmeline Pankhurst declared, “We are here not because we are law-breakers; we are here in our efforts to become law-makers.” Henry David Thoreau, in his book Walden, on experiencing...

info_outline
Prompt Engineering, with Mike Taylor show art Prompt Engineering, with Mike Taylor

Funnel Reboot podcast

Episode 202 One of the most famous western philosophers of all time is GWF Hegel. He influenced other thinkers like Karl Marx, Soren Kierkegaard and Jean-Paul Sartre. He lectured at the universities of Jena, heidelberg and from 1818 until 1831, at Berlin. As a matter of fact, his lectures there drew students from all over campus, to the point that the belltower at the University would sound its bell to announce the start of Hegel’s lectures People may have flocked to hear him, but that doesn’t mean they understood Hegel. One student who went on to write a biography of him was Karl...

info_outline
The Content Entrepreneur, with Joe Pulizzi show art The Content Entrepreneur, with Joe Pulizzi

Funnel Reboot podcast

Episode 201: While our guest wasn't the one who invented content marketing, by founding the  Content Marketing Institute, Joe Pulizzi became its standard-bearer. For decades now he has shown  marketers how to make their marketing better by building a media presence that directly connects them to their audience.  These days, Joe is saying this model applies to a much wider populace. He's showing how individuals can make a go of having businesses that are 100% content-based. He's urging these people, formerly known as the audience, to go make their own audience. He calls this type...

info_outline
Guest Insights show art Guest Insights

Funnel Reboot podcast

Episode 200 Podcasts are tiny time capsules, preserving moments of wisdom and insight. Every time I revisit past episodes, I am reminded of how insightful our guests have been. Certain themes consistently emerge, echoed by guests from the very beginning of the podcast to just yesterday. The cost of ignoring these insights is so high that they bear repeating. Tune in to our latest episode where I share six aspects of marketing that I didn't know when I first started this podcast. Please listen in on these valuable pieces of wisdom.   Links to all episodes that featured the people mentioned...

info_outline
The AI Playbook, with Eric Siegel show art The AI Playbook, with Eric Siegel

Funnel Reboot podcast

Episode 199 Today’s topic is AI and ML, and though you may think this doesn’t concern marketing, we need to acknowledge how it’ll shift things. Up to now, marketing was done on the premise that for a given audience shown a message, some  average percentage, would act on it. With AI, we’re now able to look at individual audience members and predict how each of them would act upon a message, and at the opportune moment we could have the message show up to each one of them. Goodbye analyzing what happened with crude audience averages, Hello to using detailed data to predict what’s...

info_outline
Ecosystem-Led Growth, with Robert Moore show art Ecosystem-Led Growth, with Robert Moore

Funnel Reboot podcast

Episode 198 A pretty widely held view in the world of B2B products is that sales has gotten harder, not easier. It’s not that buyers aren’t buying. By definition, buying is something they do. But in the example of software, some sales reps won’t even know they were being evaluated, let alone passed up for a rival’s product. Only the winning vendor knows that that account uses them for that specific function in their technology stack. All other companies are in the dark.     But are they really? Another way to look at this is that every vendor has information that could...

info_outline
 
More Episodes

Episode 192

In the world of capitalism, things that are rare are valuable.  Macallan single malt scotch, mint Joe Dimaggio rookie card, vintage Patek Philippe, a Stradivarius, Japanese Wagyu steak, a suit from a Savile Row tailor, an original Worhal painting, or a made-to-order Rolls Royce Phantom. It also extends to digital assets, like the domain Tesla.com, which the original registrant sold to the car company in 2014 for $11 million.

We can add another item that’s limited, arguably it’s a one of a kind. But just like all other goods with high sticker prices, opportunists have attempted mass-producing it, commoditizing it. They’re idea has been to make it common enough and thus cheap enough to be sold everyday in a large marketplace. 

The valuable resource that each of us has, of course, is time. About 200 years ago it became a measured thing, called attention. Ever since, the price it’s assigned has been paced by the places where media can be shown. In the present day, with a prolific amount of media-friendly technology around us, there’s almost no place where they don’t vy for our attention. 

This is bad for consumers. But today’s guest points out how it’s not just bad for them. It’s bad for advertisers, too. He says that bad actors, those who are unscrupulous about what ads they show and how frequently they show them, are spoiling this for the rest of us. The excessive amount of messages aimed at consumers is undermining their ability to absorb them, decreasing the effectiveness of the advertising we do. 

Taken to the extreme, the cheapening of consumer attention could harm the internet as a whole.  A book by Tim Hwang, ‘the subprime attention crisis”  points out that many information sites we all rely on are ad-supported, and the less ad revenue coming in, the less viable these publishers become. 

Our guest is someone who has worked with notable leaders in the marketing technology space and who now runs his own media company.  

He is the CEO of The Martech Weekly (TMW), a media company that's read by leading marketing and technology executives in more than 65 countries. 

He also hosts the Martech World Forum, an international gathering of world leaders in marketing technology and is a contributor to the “Making Sense of MarTech” podcast.  

We’re heading to Melbourne Australia to speak with Juan Mendoza

 

Timestamps/Chapters

 

(00:00:00) - Intro

(00:04:24) - Welcome Juan

(00:10:28) - Attention is Finite

(00:14:56) - Impact of hitting people's attention 'cap'

(00:27:26) - Public Service Announcement

(00:27:56) - The 'attention inflation' problem

(00:38:11) - Historical precedents for what we are experiencing

(00:41:56) - Where to contact Juan

Links to all people, products and cocepts mentioned are at the Funnel Reboot site's shownotes page.